Due from China at the bottom of the hour - LPR setting for February

China's monthly benchmark loan prime rates due at 0130GMT

• 1 year rate expected 4.05%, prior 4.15%
• 5 year rate expected 4.75%, prior 4.80%

Reverse repo and MLF rates have already been lowered.

Via Reuters polling:

• 38 of 51 expect a 10 bps cut for both the 1-year and 5-year LPR